CVS wins court approval for Aetna deal

Source: Andrew M Harris and David McLaughlin - Bloomberg News

CVS Health Corp. won court approval for its $68 billion takeover of Aetna Inc., removing the final barrier to a deal that adds a major health-insurance business to a nationwide network of pharmacies and prescription-drug benefit programs.

U.S. District Judge Richard Leon on Wednesday signed off on a settlement reached last year with antitrust enforcers at the Justice Department that cleared the way to create a health-care giant. Opponents of the merger had argued the combination would harm competition.

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